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THE CONSUMER CRASH: Why Consumers Are Tapped Out at Record Highs!
While Wall Street celebrated fresh all-time highs on the S&P 500, the University of Michigan released consumer sentiment data showing an 8% plunge to 51.0—missing every major economist estimate on the Street. In today's Wall Street Truthbomb, Chief Investment Officer Mark Malek breaks down the growing divide between record stock valuations and the financial health of everyday Americans.Mark dissects the shadow data inside Friday's preliminary August report, revealing why current economic conditions slipped to 51.8 and expectations fell to 50.6. Discover how 1-year inflation expectations…
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